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The economy take a turn to towards the tank

Cost of home ownership and rental at all time high while GDP slipped down to 1.6%

The hopes of a second term for Joe Biden probably rests on whether or not the economy can show signs of real life sometime fairly quickly. For whatever reason, the attitude on the economy is a lagging indicator. It sometimes takes several months for a statistically good economy to convince Americans that we have turned the corner. Right now, we do not have even a statistically good economy, much less one that is turning the heads of the average American voter.


With the recent thought that the USSC will come back with at least a partial ruling in favor of Presidential immunity, the chances of either of Jack Smith's cases being tried prior to the election seems moot. The best case scenario for Smith would be a situation where it would have to go back to the original Judge to rule on what is and is not official Presidential duties and what charges are not tied to that. Then you have to determine if the original indictment is even valid if they entered into evidence anything that the USSC would find to be part of Presidential immunity.


The chances of the Fulton County case moving forward is equally dubious given what is happening there. The prosecutors are down to misdemeanor process crimes (false statements regarding court documentation) along with the overriding "Racketeering charge" which has not ability to withstand any other court review.


It was one thing to bring the Racketeering charges when you had at least two different types of crimes being committed. But now you are simply calling a group of lawsuits to be a valid reason to charge someone under RICO. Even if you could prove that the attorneys brought a suit under some false pretenses, can you imagine the can of worms that you open when you allow prosecutors (who may be the ones being sued) to indict and try the attorneys who sued them, because they did not prove their case in court? That is really where we are at right now as a matter of fact in Fulton.


I am not sure how the case in New York will go. If I was the defense I would not be engaging this Pecker guy from the National Enquirer as these attorneys are. It seems to lend credibility to the idea that he provides something illegal (when the argument is going to be that everyone being done was perfectly legal). I get that they want to make him out to be a liar, but not sure of the strategy of playing the prosecutors game. The main worry I would have if I was the prosecution whether or not Michael Cohen has any actual evidence of sending Trump the breakdown of charges? The Trump defense contends that Trump only paid a bill and was not even provided the document that is the basis for the falsification of business records. The document, after all, was Michael Cohen's document, not Donald Trumps, which is probably the most overlooked portion of this whole situation. The case seems too weak to withstand any appeal. The fact that he is overcharging the indictment is reason enough alone to see the charges overturned. But if he is convicted that appeal might not be heard till after the election.


So it boils down to the age old idea that "It's the economy, stupid". Right now the economy is dooming our current old geezer of a President.

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Unknown member
Apr 27

If you take into account the growth of government jobs (funded by more borrowing), government programs (funded by more borrowing) it's easy to see where this is headed when borrowing reaches its inevitable limit.


And it doesn't help that job numbers are inflated by part-time and second jobs, besides the growth in non-productive (or even counterproductive) government jobs.


Plus fake inflation numbers.


"Bidenomics" or should I say hell.

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Unknown member
Apr 27

I would argue that the economy has been not in the tank but in the toilet.


And someone flushed.


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